Bullish option flow detected in PayPal with 142,004 calls trading, 5x expected, and implied vol increasing over 1 point to 29.46%. 6/7 weekly 66 calls and 6/7 weekly 65 calls are the most active options, with total volume in those strikes near 20,800 contracts. The Put/Call Ratio is 0.25. Earnings are expected on July 31st.
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PayPal call volume above normal and directionally bullish
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